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Core Purpose

Notification of the Institute of Chartered Accountants of India modifying the removal period of CA. Vishal Dhingra (Membership No. 408383) from the Register of Members from five years to three years, pursuant to the Appellate Authority's order dated 1st August, 2023.

Detailed Summary

By notification No. PR/200/2017/DD/217/2017/DC/989/2019 dated 25th August 2023, the Institute of Chartered Accountants of India records that, having found CA. Vishal Dhingra (Membership No. 408383) guilty of Professional/Other Misconduct under Item (4) of Part II of the Second Schedule and Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949, its Disciplinary Committee had originally ordered, under Section 20(2) of the Act read with Regulation 18 of the Chartered Accountants Regulations, 1988, removal of his name from the Register of Members for five years effective 22nd October 2021; following the Respondent's appeal under Section 22G (Appeal No. 43/ICAI/2022), the Appellate Authority's order dated 1st August 2023 reduced the removal period to three years, and accordingly, in exercise of powers under Section 21B(3) read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the earlier notification dated 22nd October 2021 is modified so that CA. Vishal Dhingra's name stands removed for three years only, with effect from 22nd October 2021; the notification is signed by CA. (Dr.) Jai Kumar Batra, Secretary.

Full Text

5477 GI/202 3 (1) रजजस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 599] NEW DELHI , FRIDAY , AUGUST 25, 2023/ BHADRA 3, 1945 CG-DL-E-25082023-248336 THE INSTITUTE OF CHARTE RED ACCOUNTA NTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 25th August, 2023 (CHARTERED ACCOUNTANTS) No. PR/200/2017/DD/217/2017/DC/989/2019 .—In terms of the provisions of Section 21B(3) of the Chartered Accountants Ac t, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Vishal Dhingra (Membership No. 408383), House no. 1054, FF, Shakti Khand 4, Distt Ghaziabad, INDIRAPURAM 201 010 , guilty of Professional/Other Misconduct falling within the meaning of Item (4) of Part II of the Second Schedule and Item (2) of Part IV of the First Schedule to the aforesaid Act and consequently ordered for removal of the name of aforesaid CA. Vishal Dhingra (Membership No. 408383) , from the Register of Members for a period of 05(Five) years. In pursuance thereof and in exercise of the po wers conferred by sub -section (2) of Section 20 of the aforesaid Act, read with Regulation 18 of the Chartered Accountants Regulations, 1988, the name of said CA. Vishal Dhingra (Membership No. 408383), was removed from the Register of Members for a period of 05(Five) years with effect from 22nd October, 2021. Aggrieved by Order of the Committee, the Respondent preferred an Appeal in terms of Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority in appeal no. 43/ICAI/2022 vide its order dated 1st August, 2023 had reduced the period of removal of name from 05(Five) years to 03(Three) years. Accordingly, in pursuance of the said order of the Appellate Authority, the notification dated 22nd October, 2021, wherein the name of CA. Vis hal Dhingra (Membership No. 408383) was removed from the Register of Members for a period of 05(Five) years is hereby modified to the extent that the name of CA. Vishal Dhingra (Membership No. 408383) stands removed for a period of 03 (Three) years only w. e.f. 22nd October, 2021. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./ 381/2023 -24] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapu ri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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